KPMG helped a multinational brewing company master its financial data with BlackLine's cloud technology for record-to-report.
It’s an old adage: Tools are as good as the craftsmen who use them. As this multinational brewing company has expanded aggressively through acquisition, the company understands consolidated accounting and reporting are essential to continued industry leadership. The company is creating a global business service (GBS) office that can support all operating units and more than 90 global, regional, and specialty brands around the world.
The brewing company invited KPMG to help create the operational spine of the back office, beginning with a BlackLine cloud solution for finance and accounting. Working closely with the company and alliance partner BlackLine, KPMG successfully delivered against the project’s specified goals and went further, powering the brewer’s evolution as a savvy, confident master of powerful technology tools.
KPMG has positioned the company to migrate a number of dispersed accounting functions to a single, global BlackLine record-to-report cloud solution. Through KPMG, the brewer has gained more timely, consistent, and reliable data; real-time dashboard reporting; increased operational visibility; and enhanced analytics and business insight. The specific benefits KPMG delivered include:
Working closely together, KPMG helped the company’s GBS organization design and plan implementation of BlackLine’s Journal Entry and Account Reconciliation solutions. KPMG helped the brewer define successful outcomes, assess feasibility, prioritize efforts, configure the technology to the company’s needs, and lay out implementation roadmaps. KPMG:
KPMG leveraged its alliance with BlackLine to deliver immediate product and company insight to clients. They benefit from our strong day-to-day working relationship with our technology partners and dozens of jointly undertaken cloud migrations.
Clients who undertake deep change in their accounting operations value granular, technical expertise for journal entry, general ledger, and reporting close cycles. We keep them abreast of finance of the future best practices.
KPMG worked with the brewing company and BlackLine from an understanding that this is the beginning of a longer journey. As the company’s BlackLine capabilities grow, we’re able to help its accounting leadership consider strategies for next-stage priorities and anticipate the ripple effects of technology change.
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